Job Locations US-IL-Chicago

As a growing company with over 16,000 employees around the world, Principal has had a long-held commitment to provide students with opportunities to apply classroom learnings in a business setting, build professional connections and networks, and develop professionally. With this spirit in mind, we are looking for an institutional asset management intern to team up with our North America Institutional Sales and Relationship Management team to get an in-depth look at what it takes to be successful in a complex and sophisticated investment ecosystem.

Through this experience, you'll get to...

Provide ongoing sales support to Principal Global Investors (PGI) institutional sales teams through interactions with relationship managers, internal specialists, and investment partners.
• Assist in prospecting new sources of business while learning how to utilize Salesforce, our client relationship management tool.
• Partner with internal investment teams to understand firm products, strategy, and direction in order to efficiently support ongoing initiatives, gaining valuable experience and networking opportunities.
• Provide client facing support as directed.
• Perform reporting tasks related to performance data and assist with identifying new sales opportunities.
• Assist with special projects assigned.
• Actively contribute to a fun and creative team culture embracing new ideas every day.
• Serve as an internal resource for sales to collect and disseminate information to prospects and clients while sales staff are on the road.
• Work with internal partners on communication and report generation.
  

• Learn about investment markets and asset classes from equity to fixed income to alternatives to solve the investment challenges of multibillion dollar pensions, endowments and other institutional investors.

• Currently pursuing or completed undergraduate or graduate level degree
• Participation in the Chicago Field Studies Program
• Involvement in extracurricular activities and/or involvement within the community
• Interest in a career in sales and asset management
• Ability to build positive relationships with internal and external partners
• Strong communication skills (written and verbal)
• Currently pursuing or completed undergraduate or graduate level degree
• Involvement in extracurricular activities and/or involvement within the community

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

$18 - $20 / hour

See your future. And make it real.

Starting your career on the right track is important. That's why we offer you a hands-on internship program full of focused activities and opportunities to gain experience, make connections, and learn the business from the inside out. Opportunity to extend the internship beyond original structure.

Through your experience, here's what you can expect:

• Work alongside experienced professionals
• Gain career direction to help you achieve your professional and personal goals
• Contribute to work that helps more people and businesses around the world save enough, have enough and protect enough
• Explore new perspectives in an inclusive, welcoming culture

Location

The right candidate will be working in one of the following Principal office locations:

• Chicago - 3333 Finley Rd, Ste 550, Downers Grove, IL 60515
• Des Moines - 711 High St, Des Moines, IA 50392

Duration

This internship experience will initially run from January-March 2023.

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States? This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Global Investors positions, you'll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees - individually and all of us together. Explore our core values, benefits and why we're an exceptional place to grow your career.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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